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Know your customer: Tips for front-line staff to support CDD compliance

Abrigo

You might also like this resource, "Customer due diligence checklist." Takeaway 2 On top of mandatory BSA/AML training, staff can benefit from learning how to ask difficult questions regarding customer or member activity. Eyes and ears of institutions. Why training front-line staff supports CDD. Ongoing monitoring.

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Lifestyle Changes To Retain Post Lockdown If You’re Looking To Save Money

BankBazaar

2) Being Prudent About Resource Usage. 2) Being Prudent About Resource Usage. Another thing that some of us have become more conscious of is our usage of the resources available to us. Staying indoors has forced us to adapt a no-frills lifestyle. The past few weeks have been quite an experience for all of us.

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Roof Loans: How to Finance Roof Repairs or Replacements With a Personal Loan

MyBankTracker

Unlike a renter, you can’t call a landlord when an item breaks or needs repairing. Therefore, when it comes to big items, such as replacing or repairing your roof, it helps to have cash. Water seeping into your walls or attic can cause extensive damage, costing thousands to repair. What are your options?

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You Heard It Here First: Best Of 2018’s Monday Conversations

PYMNTS

The firm’s focus right now is building out scale, both in the scope and depth of the financial services products it offers to SMB clients. The firm’s focus right now is building out scale, both in the scope and depth of the financial services products it offers to SMB clients. The art of conversation is far from dead.

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MacGyver-izing Your Enterprise for Digital Transformation

FICO

It starred actor Richard Dean Anderson as Angus "Mac" MacGyver, who, unlike most American action heroes, eschewed firearms, resorting to them only twice in 94 episodes. Instead, MacGyver stymied his enemies with his “genius-level intellect, superb engineering skills, and an excellent knowledge of applied physics.” The Race is On.

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What Are Smart Cities?

CB Insights

Many see this as a viable business opportunity, developing technology to help cities efficiently provide proper foundation, energy, transportation, resources, jobs, and services to their residents. By 2050, that number is expected to jump to 70%. . Smart cities are not merely a far off dream of the distant future. What is a smart city?

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Payday Lending’s Long, Strange Trip Through 2016

PYMNTS

There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. But short-term lending — in all its many forms, including payday loans, auto-title loans and some installment loans — is especially good at arousing passion in those who debate it.

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